DIVIDEND ANNOUNCEMENT: MetroCity Bankshares Inc (NASDAQ:MCBS) on 10/16/2019 declared a dividend of $0.1100 per share

MetroCity Bankshares Inc (NASDAQ:MCBS) on 10/16/2019 declared a dividend of $ 0.1100 per share payable on November 08, 2019 to shareholders of record as of November 01, 2019.

MetroCity Bankshares Inc (NASDAQ:MCBS) has paid dividends since 2016, has a current dividend yield of 3.2640950680% and has increased its dividends for 2 successive years.

MetroCity Bankshares Inc's market cap is $ 341,111,400 and has a PE ratio of 7.98. The stock price closed yesterday at $ 13.48 and has a 52 week low/high of $ 12.38 and $ 17.00.

Metrocity Bankshares is a bank holding company. Through its wholly owned subsidiary, Metro City Bank (the Bank), Co. is engaged in the commercial banking and it provides such customary banking services as consumer and commercial checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, money transfers and a variety of other banking services. Co.'s primary activity is providing lending services. The Bank operates branches in Georgia, Alabama, Virginia, Texas, New Jersey, and New York. As of Dec 31 2016, Co. had total assets of $1.10 billion and total deposits of $870.9 million.

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